Let's solve this problem step-by-step.
STEP-BY-STEP SOLUTION:
Let's first establish the simple interest formula which we will require to solve this problem as displayed below:
Simple Interest = Principal × Rate of Interest × No. of Time Periods
I = PRN
Now let's substitute the values from the problem into this formula as displayed below:
I = $90
P = ?
R = 6%
N = 3 years
I = PRN
90 = P × 0.06 × 3
P = 90 / 0.06 × 3
P = 90 / 0.18
P = $500
ANSWER:
As the principal and the amount borrowed is the same, Claire borrowed $500. Therefore, the answer is:
D ) $500
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2.9 percent of Ramon's earnings are spent on electricity each month.
<u>Step-by-step explanation:</u>
given
Amount that Ramon earns each month=$1835
Amount Ramon pays on electricity=$53.5
we have to calculate what percentage of $1835 is $53.5
The amount spent on electricity is 2.9% of his earnings
Answer:
may be its -6 units
Step-by-step explanation:
because if you count the number it will be-6
Answer:
20 drinks were sold, 3 were sold at the 5th price, and more were sold at a lower price.
Step-by-step explanation:
